Details of the Organization
World Business Lenders (WBL) is a U.S.-based financial services company specializing in providing short-term, real estate-collateralized commercial loans to small and medium-sized businesses across the United States—especially those underserved by traditional banking institutions.
Details of the Job/Internship
World Business Lenders, LLC is hiring for the position of Asset Resolution Counsel (Lawyer) to join their office remotely.
Role and Responsibilities
- Manage and oversee a portfolio of non-performing, real estate-backed commercial loans, including REO (Real Estate Owned) assets.
- Lead, train, and mentor a team within the Asset Resolution Department.
- Monitor and direct foreclosure, bankruptcy, and commercial litigation processes.
- Coordinate with internal legal teams, external counsel, collection agencies, and other vendors.
- Negotiate settlement agreements, provide bidding strategies, and implement recovery decisions.
- Interact and communicate effectively with debtors, attorneys, and other stakeholders.
- Analyze borrowers’ financial positions, creditworthiness, and payment histories.
- Conduct quarterly portfolio reviews and reassess recovery estimates as needed.
- Maintain updated reports on loss mitigation activities, expense tracking, and delinquency trends.
- Recommend and execute protective advances for necessary expenditures (taxes, maintenance, etc.).
- Contribute to department budgeting and strategic planning.
Eligibility
- Mandatory: J.D. from a nationally accredited U.S. law school.
- Proven experience in commercial litigation, bankruptcy, foreclosure, and real estate loss mitigation.
- Track record in managing non-performing loan portfolios and REO assets.
- Strong leadership capabilities with experience in mentoring and supervising case managers.
- Knowledge of U.S. legal frameworks and regulatory compliance (bankruptcy, foreclosure laws, etc.).
- Excellent negotiation, communication, and conflict-resolution skills.
- Highly organized with analytical thinking and a solutions-driven mindset.
- Proficiency in Microsoft Office Suite.
- Ability to work independently in a high-paced, results-oriented environment.
- Must have access to a personal laptop or desktop computer.
Salary/Stipend
Compensation details will be finalized during the interview process with the selected candidate.
Type of Opportunity
Fulltime
Country
India
Address
Remote
Application and Registration Details
After you submit your application, you will receive the next steps in the process via email. Please follow the instructions provided to complete your application.
Incase you find any issue with the application process, please contact: [email protected]
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